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» Why Black Businesses Fail
In a nutshell, businesses fail because visually, they don't look successful. It's like a self-fulfilling prophecy, if you look like you aren't doing well, your business won't do well because people ... More

» Taking Advantage Of Minority Business Programs
The Small Business Administration (SBA) defines an 8(a) business as a minority-owned, small disadvantaged business which is unconditionally owned and controlled by one or more socially and economically disadvantaged individuals. This program has helped ... More

» Black Biz Owners Should Pay Attention to 2010 Law
The release of a corporate board census by the Alliance for Board Diversity (ABD) reported a surprising decline in the combined number of seats for women and minorities on the boards of the nation's ...  More

» Minority Business Ownership Is Increasing
The number of minority-owned businesses increased by 45.6 percent to 5.8 million between 2002 and 2007, more than twice the national rate of all U.S. businesses.  More

» A Small Profit Margin Can Be Huge
Many entrepreneurs will turn down a business opportunity because the profit margin may seem to be too small. Sometimes, this may be a good reason to walk away, says business owner Dante Lee, ...  More

» What's The Bailout For Small Businesses?
According to Business.gov, a web site managed by the United States Small Business Administration, the federal government does not provide grants for starting a business. However, the web site ...  More

» Black Business Tip For 2008: Being Positive Is Good, But Not Enough
It's good to be a positive thinker, but don't think for one second that that's all you have to do. Being a successful entrepreneur requires more than just having a optimistic outlook...  More

» Wage And Hour Laws – What You Don’t Know May Destroy Your Business!
The primary Federal law governing wages, hours and overtime, the Fair Labor Standards Act (“FLSA”), 29 U.S.C. § 201, et seq., was originally enacted in 1938. This law is enforced by the Wage and Hour Division of the Department of Labor... More

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